KIT Digital Obtains $6,000,000 Series A Financing Round

Company Information

Company
KIT Digital

Website

http://www.kit-digital.com

Location
1100 Circle 75 Parkway Atlanta, GA 30339

Description
ROO is consistently ranked as one of the world’s 10 most viewed online video networks, offering turnkey services to Website publishers, content producers and advertisers. Simply put, ROO is a one-stop Internet video specialist which helps thousands of customers around the globe in the fields of entertainment, content publishing, web publishing and advertising to quickly and comprehensively take advantage of the shifting consumer preferences to watch video via the Internet and broadband-connected devices.

Transaction Details

  • Date – 6/22/2006
  • Transaction Type – Venture Equity
  • Transaction Amount – $6,000,000
  • Transaction Round – Series A
  • Acquire / Investor(s) – Spark Capital
  • Acquire / Investor(s) – Prism VentureWorks